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20131202
20131210
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CNBC 4
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CNBC
Dec 9, 2013 5:00pm EST
? this segment is going to be called fast bitcoin. joining us now is bobby lee, ceo of the country's largest bitcoin exchange. great to speak with you. >> thank you for having me on again. >> a lot of proponents will say that acceptance is key to the story in terms of it being a value that will go up, will appreciate. and here we are formal knock down of acceptance from the regulatory bodies in china. what do you make of this? is this a ceiling on bit coin's value? >> the authorities put out a communication that bitcoin can no longer be regarded as a currency in china. so instead, financial institutions and banks are not allowed to do business with bitcoin because it's not a currency. >> they talk ability bitcoin so that legitimizes it? >> no, no. bit coin buying and selling is okay for the chinese people. >> okay. >> so websites are allowed to continue to service customers to allow people to buy and sell bitcoins in china. >> isn't it difficult to be sure -- when you see bit coin's value go down in a span of four days by 44%? how can you possibly call that any sort of a store value? so i th
CNBC
Dec 1, 2013 7:30pm EST
is activision ceo. bobby, if you've been looking at the state of the industry over the last couple of years, sales down 22% last year, sales down this year. you have the number one selling game in america right now with call of duty. but how would you measure the overall industry right now? >> so that's one -- that's the statistics or referring to are one segment of the industry, if you look at overall entertainment it's growing at dramatic rates. you think of new geographies that we've never had before like access to china and new developing markets, brazil, russia, new devices like smartphones and tablet's. overall we're still a small business, only a $50 billion worldwide industry compared to movies and television, which is a $500 billion industry. there's lots of growth and opportunity. what happens with new consoles, there's a little bit of change over and people start to slow purchases and wait for the next new exciting thing. we now have the new exciting xbox one. >> with the new consoles it changes people's patterns, they don't necessarily buy on the day of launch but wait until see
CNBC
Dec 9, 2013 3:00pm EST
a family of 30 brands. one of the most well known is estee but donna karan, mac, bobby brown, clinique. the consumer likes to buy multiple brands. i'm sure kelly has a whole drawer, and your wife, too, a whole drawer of products she's partially used and try again. we try to use the credibility of our brands to bring consumers to the counter. we show you what she thinks she wants but those things she didn't knew she wanted. we try to make sure we're prepared for her desire to buy gifts, for others and perhaps for herself. as we get closer and closer to the christmas period the consumer gets a little more desperate, a little more anxious. what have you got? we make sure we have prepared gifts as well as wrapping things for them right then and there. >> the first point about price points because this reveals what's happening in this country more broadly. pp when i think of cosmetics, it's mac cosmetics. to me, if you're spending $30 on a lipstick or blush or single items, that adds up quickly to the hundreds of dollars. sad but true. it's affordable to say, a pair of
CNBC
Dec 6, 2013 6:00am EST
at the consumer show in vegas. i've already seen one. bobby kodack was here. joe, you were out that day. it was the coolest things in the world. it's like this case that goes over it. it adds a blackberry keyboard right at the end of it. i am going to be one of the very first people to buy this. i used it. it worked great. >> i can tell you something. i went into the city last night, i had to for something. but i got in an argument with someone and i was dictating on the iphone. and i'll show you the messages that i dictated, big words. >> but then the guy who was driving your car heard everything you were saying. >> he did. >> there are times and places where you don't want to be dictating everything into your phone. >> i hope he's not a die hard warmist. i said things like orthodoxy. and it picked up everything. it picked up everything that i said perfectly. >> really? >> paragraphs. i could have never -- even on a blackberry, i could have never composed these -- >> did it capitalize the words while you were yelling? >> it was a stream of conscio consciousness. there weren't periods a
Search Results 0 to 3 of about 4